1 U.S.C. § 5 — "Company" or "association" as including successors and assigns

Section 5 directs that the words "company" and "association", when used in reference to a corporation, embrace successors and assigns where it is not inconsistent with the context.

Citation: 1 U.S.C. § 5Jurisdiction: United StatesEffective: 1947-07-30

Text

1 U.S.C. § 5

Codified text.

The word "company" or "association", when used in reference to a corporation, shall be deemed to embrace the words "successors and assigns of such company or association", in like manner as if these last-named words, or words of similar import, were expressed.

Editorial note — Source credits

Editorial commentary — not part of the primary text.

Editorial note. Source credits are preserved as editorial metadata derived from the official Office of the Law Revision Counsel publication.

Editorial note. July 30, 1947, ch. 388, 61 Stat. 633.

Revision history

1947-07-30 — Enacted as part of Title 1 (act of July 30, 1947, ch. 388, 61 Stat. 633).

Canonical source: Office of the Law Revision Counsel, United States Code (https://uscode.house.gov).

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1 U.S.C. § 4 — "Vehicle" as including all means of land transportation

1 U.S.C. § 6 — Limitation of term "products of American fisheries"

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